Deutsche Börse (OTCMKTS:DBOEY) Stock Crosses Above 200-Day Moving Average – Here’s Why

Deutsche Börse AG (OTCMKTS:DBOEY)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $22.16 and traded as high as $22.98. Deutsche Börse shares last traded at $22.85, with a volume of 99,509 shares traded.

Analyst Ratings Changes

Separately, Citigroup raised shares of Deutsche Börse to a “hold” rating in a research note on Friday, October 4th.

Deutsche Börse Price Performance

The stock has a market capitalization of $43.03 billion, a price-to-earnings ratio of 20.96, a PEG ratio of 3.06 and a beta of 0.86. The business has a fifty day moving average of $23.01 and a 200 day moving average of $22.16.

Deutsche Börse (OTCMKTS:DBOEY) last posted its earnings results on Tuesday, October 22nd. The financial services provider reported $0.29 EPS for the quarter. The company had revenue of $1.88 billion for the quarter. Deutsche Börse had a return on equity of 19.29% and a net margin of 26.71%. On average, equities research analysts expect that Deutsche Börse AG will post 1.18 EPS for the current year.

About Deutsche Börse

Deutsche Börse AG operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Data & Analytics; Trading & Clearing; Fund Services; and Securities Services. It engages in the trading of derivatives, electricity and gas products, emission rights, foreign exchange, and commodity products; operating EEX and 360T over the counter trading platform for financial instruments, such as foreign exchange, money market, and interest rate products; and operating as a central counterparty.